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The Unclaimed Property Auction is being held pursuant to Section 447.558, RSMo that provides for the sale of Unclaimed Property to the highest bidder at public auction. The buyer will receive title to the property purchased, free from all claims of the owner, prior holder or their successors.
Private Property Tows with Property Owner/Lessee Authorization (without law enforcement) must provide an Abandoned Property Report (Form 4669) completed by the property owner/lessee or agent, towing company, and law enforcement, which also includes: ? The printed name and signature of the property owner/lessee, agent, ...
(3) The abandoned property is left unattended on private property, and the owner, lessee or agent of the real property in lawful possession of real property has notified the appropriate law enforcement agency, and ninety-six hours have elapsed since that notification.
Abandoned Property Statute Missouri's statute on the abandonment of a leased premises, §441.065 RSMo., allows a landlord to remove the abandoned property of a tenant without liability to the tenant. However, the landlord must strictly follow the procedure of the statute.
State law requires financial institutions, insurance companies, public agencies and businesses to turn over Unclaimed Property to the Missouri State Treasurer's office if they have had no contact with the owners for some statutorily defined period of time, generally five years.
Find your property in three easy steps. Search the online Unclaimed Property database for your name. If you find a match, select "File a Claim" and follow the easy steps to complete it. Receive your Unclaimed Property!
Missouri law provides a procedure for removing a tenant's abandoned property without liability. Landlords who remove abandoned property without following the law can end up with a judgment against them for the value of the removed property.
What are the dormancy periods for Unclaimed Property? The dormancy period is 5 years for all types of property except the following: Court bonds ? 1 year. Demutualization, rehabilitation and reorganizations of insurance companies ? 2 years.